ZR2 Bioenergy: Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Non-Exercise Of Option To Convert Warrants

This is in furtherance of the intimation given by the Company on May 10 2024 wherein we had informed you that the Company had allotted 2 59 22 000 convertible warrants of the Company on a Preferential Basis to Acquirer alias Proposed Promoter and Strategic Investors (Non-Promoters) for an issue price of Rs. 65/- each aggregating to the amount of Rs. 168 49 30 000/-. Thereafter out of which Rs. 42 12 32 500/- (Rupees Forty-Two Crores Twelve Lakhs Thirty-Two Thousand Five Hundred) has already been received as the initial subscription amount at the time of allotment of the warrants.